Maintenance Fees
159SW Condominium vs The Cabbagetown Area
406 - 159 Wellesley St E
For Sale159SW Condominium
5.0
54 Days on Strata
$629,900
1 Bed + 1
1 Bath
1 Parking
609 SQFT
Listing History
2025 - Feb 07
for sale$629,900
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$694/mth
Taxes:
$3,031 (2025)
Cost Per Sqft:
$1,034/sqft
Locker:
Exclusive
Outdoor Space:
Balcony
Exposure:
South East
Possession Date:
To Be Arranged
Laundry:
Main
About this Listing
Welcome to 406-159 Wellesley St.E. A newer building that comes with A rare parking space and locker. Very accessible location that easily navigate various amenities, services, hub of activities,business district,cultural landmarks/attractions and many more. Prim BR has a w/o access to balcony and with den that could be use for office. Ensuite stackable washer/dryer.This bldg. is loaded w/ many amenities like exercise rm,sauna,game/party/meering rm, rooftop deck/garden, guest suite, BBQ area and conciege. Unit is tenanted,if tenants assumed immediate closing can be given if not then 60 days notice need to be served. Very cooperative tenants, willing to stay. Photos are from before and present tenancy. Imagine the beauty of this gem behind the clutters. Unit is currently rented for $2,535, parking $250, locker $80 all per month.
Extrasfridge, stove, rangehood,dishwasher, washer, dryer and all electric lights fixtures
right at home realtyMLS® #C11963245
Features
Maintenance Fees
Included
Air Conditioning
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Amenities
Bike Storage
Rooftop Deck
Sauna
Guest Suites
Games Room
Visitor Parking
Concierge
Party Room
BBQs Allowed
Gym Room
Room Dimensions
Kitchen
Backsplash, Stainless Steel Appliances, Combined with Dining
78.94 x 32.81ft
Dining
Combined with Kitchen, Combined with Living, Laminate
78.94 x 32.81ft
Living
Walkout To Balcony, Large Window, Combined with Dining
78.94 x 32.81ft
Buyer's Market
Balanced
Seller's Market
5.0
Building Spotlight
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Commute Calculator
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
9/10
Transit
So frequent, you might accidentally start collecting tickets.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,212
Average Individual Income
$67,505
Average Household Size
3 persons
Average Age
47
Average Household Income
$115,353
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
41%
Semi Detached
28%
High Rise Apartment
15%
Low Rise Apartment
8%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
Other
73%
Mandarin
12%
Cantonese
9%
Tagalog
2%
French
1%
Arabic
1%
Spanish
1%
Armenian
1%
Education
University and Above
34%
High School
26%
College
16%
None
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
18%
Health & Related Fields
12%
Social Sciences
12%
Math & Computer Sciences
7%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Agriculture & Natural Resources
1%
Building Trends At 159SW Condominium
Days on Strata
Units at 159SW Condominium spend an average of
56
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Cabbagetown
Turnover of Units
On average, each unit is owned for
4.9
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 37 condos in the Cabbagetown area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
75
Units were Rented over the past twelve months
Best Value Rank
159SW Condominium offers the best value out of 37 condos in the Cabbagetown neighbourhood
?
Appreciation Rank
159SW Condominium has the highest ROI out of 37 condos in the Cabbagetown neighbourhood
?
Rental Yield
159SW Condominium yields the highest rent prices out of 37 condos in the Cabbagetown neighbourhood
?
High Demand
159SW Condominium is the most popular building out of 37 condos in the Cabbagetown neighbourhood
?
Market Insights
Transaction Insights at 159SW Condominium
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $525,000 - $575,000 | $508,000 - $615,000 | No Data | No Data | $834,500 |
| Avg. Cost Per Sqft | $953 | $945 | No Data | No Data | $1,017 |
| Price Range | $2,000 - $2,500 | $2,200 - $2,650 | $2,300 - $3,150 | No Data | $3,600 - $4,850 |
| Avg. Wait for Unit Availability | 74 Days | 76 Days | 388 Days | No Data | 145 Days |
| Avg. Wait for Unit Availability | 11 Days | 10 Days | 25 Days | No Data | 29 Days |
| Ratio of Units in Building | 36% | 35% | 19% | 1% | 11% |
Market Inventory
Total number of units listed and sold in Cabbagetown
